Today s inflationary crisis in Iran may be more political in nature than economic. The sorry state of the Iranian economy and the inflation that is increasing the number of poor Iranians by an average of 10 percent a year is rooted in a political
Is Iran heading towards hyperinflation? Until a few months ago, decision-makers in Tehran would have dismissed the question as another “Zionist conspiracy” against the regime in Iran. Now, however, as the annual inflation curve heads towards the 100 mark, even the “Supreme Guide”, Ayatollah Ali Khamenei, is forced to show concern and demand that “someone do something about it”. The question is: who is that someone who is supposed to act and what is the something that must be done?
Sajjad Paddam, Director General of Social Insurance at Iran's Ministry of Cooperatives, Labor, and Social Welfare, raised the possibility of selling Kish and Qeshm islands to provide for the pension